FlyerTalk Forums - View Single Post - Help Needed - Multiple Balance Transfers?
Old Jul 27, 2015 | 10:43 am
  #3  
fastpaced
 
Join Date: Nov 2012
Location: CA
Posts: 28
Originally Posted by Mastermind
That makes sense to me, but while the APR is 0% there is most likely a balance transfer fee which is usually 3-4%. So if the 0%APR is for 12 months, the 3% fee is essentially a 3% APR for the year.

This is still better than a HELOC since you are using unsecured credit rather than your house.
Thanks for the reply! FWIW, each of the balance transfer fees is 2% ^
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